Overview
What is Nespelem Valley Electric Cooperative Inc?
Nespelem Valley Electric Cooperative Inc, located in Nespelem, WA, is a nonprofit organization committed to providing its members with affordable and reliable electricity. Their primary focus is on delivering exemplary member service, which extends beyond just power supply. This cooperative is dedicated to ensuring that all its members receive the highest level of support. The programs they offer are centrally concerned with meeting the electrical needs of their patrons in Nespelem.
Official website here: www.nvec.org
Is Nespelem Valley Electric Cooperative Inc legitimate?
Nespelem Valley Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Nespelem Valley Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $278,262
Professional Fundraising Fees: $0
Other Salaries and Wages: $905,138
For more financial information, click here
Official website here: www.nvec.org
What is the mission statement of Nespelem Valley Electric Cooperative Inc?
The mission of Nespelem Valley Electric Cooperative Inc is centered around providing its members with affordable and reliable power. Beyond electricity supply, the cooperative is committed to delivering an exceptional level of member service. Their activities are geared towards meeting the power needs of their patrons effectively. While specific details about the scope of their services or the location of their operations are not provided, it can be inferred that the cooperative prioritizes the satisfaction and welfare of its members.
Official website here: www.nvec.org
Who is the CEO of Nespelem Valley Electric Cooperative Inc?
Ralph Rise is the President of Nespelem Valley Electric Cooperative Inc.
Official website here: www.nvec.org
What is the revenue of Nespelem Valley Electric Cooperative Inc?
Nespelem Valley Electric Cooperative Inc's revenue in 2022 was $5,627,285.
Official website here: www.nvec.org
Who are the executives of Nespelem Valley Electric Cooperative Inc and what are their salaries?
The average compensation at Nespelem Valley Electric Cooperative Inc during 2022 was $131,489. There are 9 employees at Nespelem Valley Electric Cooperative Inc.
Here are 15 key members and their salaries:
- Compensation: $133,989
- Related: $0
- Other: $123,102
- Compensation: $135,688
- Related: $0
- Other: $115,079
- Compensation: $127,242
- Related: $0
- Other: $89,803
- Compensation: $127,364
- Related: $0
- Other: $61,596
- Compensation: $126,589
- Related: $0
- Other: $59,687
- Compensation: $126,877
- Related: $0
- Other: $46,315
- Compensation: $4,342
- Related: $0
- Other: $0
- Compensation: $3,812
- Related: $0
- Other: $0
- Compensation: $3,262
- Related: $0
- Other: $0
- Compensation: $3,242
- Related: $0
- Other: $0
- Compensation: $3,099
- Related: $0
- Other: $0
- Compensation: $2,937
- Related: $0
- Other: $0
- Compensation: $2,430
- Related: $0
- Other: $0
- Compensation: $2,203
- Related: $0
- Other: $0
- Compensation: $2,168
- Related: $0
- Other: $0
Official website here: www.nvec.org
Where can I find the form 990 for Nespelem Valley Electric Cooperative Inc?
Nespelem Valley Electric Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nvec.org
Learn more at the official website: www.nvec.org
Mission Statement of Nespelem Valley Electric Cooperative Inc
Nespelem Valley Electric Cooperative, as an organization, is committed to serving its members by ensuring they have access to affordable and reliable power. Beyond power supply, the cooperative strives to provide its members with the highest level of service. This mission underscores the cooperative's dedication to meeting the energy needs of its patrons in an economical and consistent manner, while prioritizing their satisfaction. By focusing on both affordability and reliability, Nespelem Valley Electric Cooperative demonstrates its commitment to supporting its members effectively.
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Impact
October, 2024
Nespelem Valley Electric Cooperative Inc has a significant impact on the local community by delivering affordable and reliable electricity to its members in Nespelem, Washington. This commitment ensures that residents and businesses have consistent access to energy, which is vital for day-to-day activities and overall economic development. The cooperative emphasizes high-quality member service, creating a supportive environment where concerns and needs are addressed promptly. By focusing on providing power at an affordable rate, the cooperative not only aids in lowering the cost of living but also contributes to the overall well-being of the community it serves.
This information is meant to be a general summary of Nespelem Valley Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $143,667
- Program Service Revenue: $5,392,580
- Gross Receipts: $5,627,285
Assets and Liabilities:
- Total Assets: $12,184,671
- Total Liabilities: $5,867,023
- Net Assets: $6,317,648
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAPITAL CREDITS
Revenue
$13,843
ELECTRICITY SALES
Revenue
$5,349,272
POLE RENTAL
Revenue
$29,465
Organization Details
Founding Year
1940
Phone
(509) 634-4571Principal Officer
Ralph Rise
Main Address
PO BOX 31, NESPELEM, WA, 99115
Website
www.nvec.orgNTEE Category
Code: W80 - Public benefit
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